BCR Latest News

Demirbank Bulgaria Bought by Turkish Consortium

Demirbank Bulgaria has been bought by a Turkish consortium consisting of the former owner of the bankrupt Turkish bank, Halit…


Unicredito Italiano Acquires Majority Stake in Demirbank Romania

A 62.5% stake in Demirbank Romania, the company which, according to figures submitted to Factors Chain International for the year…


Indian Institute of Bankers to Offer Development Course in Factoring

As part of its attempts to keep pace with the rapidly changing scenario in the financial sector, the Indian Institute…


North American Factors “Drowning in a Sea of Credit Losses”…

An informed source in Canada was speaking to a colleague in an undisclosed Canadian factoring company owned by a major…


Joint Venture of Banco de Chile and BCI to Will…

Artikos Chile, a company formed with a US$9mil investment by Banco de Chile and BCI (Banco Credito e Inversiones), is…


Sterling National Bank Announces New Hong Kong Subsidiary

Sterling National Bank, the principal banking subsidiary of banking and financial services company, Sterling Bancorp, today announced the launch of…


Intuit Canada Limited and Alliance Financing Group Inc. Announce Strategic…

Intuit Canada Limited, the Edmonton-based provider of e-finance solutions, together with the one-stop financing shop, Alliance Financing Group Inc., announced…


Meeting of Bankers and Industrialists Reveals Level of Pessimism in…

European business leaders are scared. For all the brave words and fine talk that the worse may soon be over,…


Euro Fails to Penetrate the UK

"There is some anecdotal evidence that use of the euro is increasing a little," says Leslie Gunde, associate director at…


Exim Factoring Venture to Begin Operations in Ten Days

Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of…


HBOS Plans to Target Small Business Market

HBOS, the bank formed by the merger of Halifax and Bank of Scotland, is to recruit hundreds of staff in…


Aston Rothbury on Course for Projected 100% Profit Increase in…

Managing Director, Ian Clark, discusses company performance and future plans The Brentwood-based company Aston Rothbury Factors Limited has recorded turnover…


Silverburn Finance UK Ltd Release Abbreviated Annual Accounts

Silverburn Finance UK Ltd have released an abbreviated set of accounts for the year ended 31 January 2001. The results…


Euler’s Factoring Income Increases More than Six-Fold in H1 2001

The Paris-based credit insurer and international financial services group, Euler, has recorded a dramatic acceleration of the amount of its…


UK Small Businesses are Good Credit Managers

Research carried out by the Credit Management Research Centre (CMRC) has revealed that credit management techniques practiced by small businesses…


Small Business Confidence Brushes Aside Recession Fears

More than one in three small business owners (35%) plan to expand their business in the next three months, more…


Griffiths Announces Ј14.5 Million to Support Budding Entrepreneurs in Deprived…

Small Business Minister Nigel Griffiths today gave the green light to Ј14.5 million in grants to 46 new projects which…


Lloyds TSB Commercial Appoints Market Research Specialist

Lloyds TSB Commercial Finance Ltd, has strengthened its research team by appointing Sophie Finch as its new market research executive.…


PMI Report Shows UK Entered Recession in August

UK manufacturing economy enters recession in August for the second time in three-and-a-half years. The latest seasonally-adjusted Purchasing Managers’ Index…


Credit Agricole Launches Online Financing Service

Transfact, the factoring subsidiary of French rural bank Credit Agricole, has announced the launch of Immedians, an online financing service…


LG Capital to change name to LG Card

LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1. The company said…


Highams Business Solutions Announces Alliance with RiskFactor Solutions

Factoring system combines with risk analysis software Leading factoring and financial software provider, Highams Business Solutions Limited, has formed an…


ICA Survey Shows Small Business 'Held Back by Red Tape'

The government offers too little help to business start-ups and is failing in its attempts to build a culture of…


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